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    Description

    1923-D Peace Dollar, MS67
    Single Finest Certified Example
    Must-Have Registry Set Candidate

    1923-D $1 MS67 PCGS. Ex: JDC. This is the sole finest 1923-D Peace dollar known, representing a level of quality for this issue that for most of a century was not thought to exist. Most numismatic literature on the series rates the 1923-D Peace dollar as a conditionally challenging acquisition. After coinage, the vast majority of the 6.8 million-coin mintage was retained for years in government storage where the coins became heavily bagmarked and were largely unavailable to collectors. An article in the July 1925 edition of The Numismatist revealed that collector E.S. Thresher had been diligently searching for a 1923-D dollar for more than two years without success. This issue was then the first date in the series to be considered rare when collecting Peace dollars became more widespread in the 1930s. Q. David Bowers reports in his Silver Dollar Encyclopedia that by 1938, any Uncirculated pieces that could be located were selling for a healthy premium of $12.50 to $20. It wasn't until the autumn of 1938 that the Treasury began releasing bags of 1923-D Peace dollars, dissolving the coin's stance as a rarity with a flood of previously unknown coins entering circulation and numismatic channels. The problem, though, was that most of the pieces flowing out of government vaults were heavily bagmarked.

    The vast majority of Mint State 1923-D dollars known today grade MS60 to MS63, with accessible coins also known in MS64 and MS65. When Roger Burdette wrote A Guide Book of Peace Dollars in 2008, the finest 1923-D coins graded MS66 -- for most collectors, that grade remains the finest possible acquisition, with a total of just 187 grading events in MS66 or MS66+ at PCGS and NGC combined, including likely duplications (6/21).

    The JDC coin in MS67 PCGS is something of a miracle survivor. It has only appeared at auction once before, in our June 2013 Long Beach Signature. Ivory surfaces are enhanced by shades of gold and amber toning in selected areas, with vibrant mint luster throughout. Close inspection with a loupe reveals no mentionable distractions on the pristine surfaces. The strike shows some of the typical softness on the central reverse, but details are sharp in other areas. Eye appeal is terrific. This coin ranks among the most coveted single coins in the Peace dollar series for Registry collections. It may well also be the most important piece in the current offering of the JDC Registry coins.
    Ex: Long Beach Signature (Heritage, 6/2013), lot 4681.
    From The JDC Collection. (Registry values: N7079)

    Coin Index Numbers: (NGC ID# 257G, PCGS# 7361)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


    View all of [The JDC Collection ]

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    August, 2021
    18th-22nd Wednesday-Sunday
    Bids + Registered Phone Bidders: 84
    Lot Tracking Activity: N/A
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